‘4 min read 5 Surefire Ways to Get Clients to Pay on Time’ – ‘Entrepreneur’ Blog
Rene Lacerte says, “Late payments can be one of the most frustrating parts of owning a business — not to mention being potentially crippling to the bottom line.
As the lifeblood of any business, healthy cash flow gives business owners the means to pay employees and procure the goods they sell. In contrast, when times get lean and cash dries up, even the most finely tuned operation can be at risk of collapse.
For many small business owners, uncertain cash flow is what holds them back from reaching their full growth potential.
One of the leading culprits of poor cash flow is late-paying customers. By implementing a few, simple billing practices, you can reduce the time before payment and establish steady, predictable cash flow“.
Comments are closed.
